SeeBITDAOklahoma

Air Electric, Inc.

  • 8815 AIRPORT WAY #5, Tulsa, OK
Estimated valueMedium confidence
$456K
$240Klikely range$624K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.0M
a year
Profit (EBITDA)
$228K
12% of revenue
Employees
7
reported in 2020
Owner not found yet
We haven't found the owner in public records

How we got $456K

Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.

7 employees × $236K each$1.7M
PPP payroll ÷ payroll's usual share of revenue$1.8M
Shown toward the top of its range×1.14
Revenue$2.0M
× 12% profit margin$228K
× 2 sale multiple = value$456K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 36% since 2020
$0$262K$525K20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
AIR ELECTRIC, INC.
this business
$2.0M$228K—
BUXTON ELECTRIC LLC
Tulsa · 17 employees
$5.4M$570K0.9 mi
IDEAL ELECTRIC LLC
Tulsa · 8 employees
$2.2M$252K1.0 mi
Master Service Heating and Air
Tulsa
$1.8M$237K1.0 mi
RAINBOW PLUMBING COMPANY
Jenks · 5 employees
$1.7M$197K1.0 mi
AIR COMFORT, INC
Jenks · 62 employees
$20.8M$1.8M1.1 mi
AIRELECTRIC INC
Tulsa
$1.5M$169K1.3 mi

The full calculation

Employees reported to the SBA7
Revenue from headcount (employees × revenue per employee for companies this size)$1.7M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.8M
Estimate: the two combined (geometric mean)$2.0M
EBITDA margin (industry, adjusted for size)12%
EBITDA = revenue × margin$228K

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$456K
Multiple for this size and industry2×
Value range$240K – $624K
Revenue range$1.3M – $2.2M
EBITDA range$150K – $260K
Industry (NAICS)Plumbing, Heating, and Air-Conditioning Contractors (238220)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Advisors

  • BankingAmerican Bank and Trust CompanyPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

American Bank and Trust Company
PPP 2020, PPP 2021
All 117 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$58K$58K7American Bank and Trust Company
1/23/2021second$60K$60K7American Bank and Trust Company

About Air Electric, Inc.

Air Electric, Inc. is a plumbing, heating & air company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $228K of EBITDA. It has about 7 employees. Its estimated business value is $456K (likely range $240K–$624K).

Common questions

Who owns Air Electric, Inc.?
The owner of Air Electric, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Air Electric, Inc. make?
SeeBITDA estimates Air Electric, Inc.'s annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Air Electric, Inc. worth?
About $456K, roughly 2× its estimated EBITDA of $228K, typical for a plumbing, heating & air company its size. Likely range: $240K–$624K.
How many employees does Air Electric, Inc. have?
About 7, as reported on its PPP loan.